Short News View Non-AMP

Roswell Becomes First U.S. City to Hold Bitcoin as a Reserve Asset

Published by
Qadir AK

Roswell, New Mexico, has made history by becoming the first city in the United States to adopt Bitcoin as part of its strategic financial reserves. This move marks a bold step toward integrating digital assets into public finance. By holding Bitcoin, the city aims to diversify its treasury and position itself for long-term financial strength. Roswell’s decision reflects growing interest in Bitcoin as a hedge against inflation and a modern store of value for municipalities.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Crypto Tax India Crackdown: CBDT Sends Notices to Thousands for Undeclared Income

India’s Central Board of Direct Taxes (CBDT) has initiated a large-scale investigation into individuals and…

June 14, 2025

Crypto Will Replace the “Dead” 60/40 Portfolio, Says Abra CEO Barhydt

As bonds sink and Bitcoin soars, the traditional 60/40 investment strategy, 60% stocks, 40% bonds,…

June 14, 2025

XRP Lawsuit Could End Soon, Ripple Lawyer Predicts 70% Settlement Chance

After over four years of legal battle, the Ripple vs SEC case could finally be…

June 14, 2025

Tornado Cash Developer Says DOJ Is Blocking Fair Trial

Roman Storm, the co-founder of Tornado Cash, is facing major hurdles ahead of his July…

June 14, 2025

Crypto Market Faces $190M Liquidation—But Signs Hint at Upcoming Rally

The crypto market just went through another heavy blow, with over $190 million lost in…

June 14, 2025

Michael Saylor Drops Explosive Bitcoin Prediction as Crypto Market Recovers

Bitcoin dropped hard. Then it bounced back and Michael Saylor was quick to make his…

June 14, 2025